Company News: McDonald's (MCD) quarterly earnings beat Wall Street’s estimate

Market news

30 January 2019

Company News: McDonald's (MCD) quarterly earnings beat Wall Street’s estimate

McDonald's (MCD) reported Q4 FY 2018 earnings of $1.97 per share (versus $1.71 in Q4 FY 2017), beating analysts’ consensus estimate of $1.89.

The company’s quarterly revenues amounted to $5.163 bln (-3.3% y/y), generally in line with analysts’ consensus estimate of $5.165 bln.

MCD fell to $182.05 (-0.07%) in pre-market trading.

U.S.: ADP Employment Report, January 213 (forecast 178)

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